Capital Southwest Corporation ("Capital Southwest") (NASDAQ: CSWC) has released its preliminary operating results for the fourth quarter of its 2025 fiscal year, which ended on March 31, 2025. The company incurred $2.8 million, or $0.05 per share, of one-time net expenses related to the departure of its former president and chief executive officer during this period.
The preliminary estimate of Capital Southwest's fourth quarter 2025 pre-tax net investment income is in the range of $0.55 to $0.56 per share. The preliminary estimate of its net investment income for the same period is in the range of $0.54 to $0.55 per share. Furthermore, the preliminary estimate of its adjusted pre-tax net investment income, excluding the one-time net expenses, is in the range of $0.60 to $0.61 per share. The adjusted net investment income for the same period, excluding the one-time net expenses, is estimated to be in the range of $0.59 to $0.60 per share.
Additionally, Capital Southwest's preliminary estimate of its net asset value per share as of March 31, 2025, is in the range of $16.65 to $16.75. The company's preliminary estimate of its non-accruals as a percentage of the total investment portfolio at cost and fair value is 3.5% and 1.7%, respectively.
Capital Southwest is scheduled to release its finalized fourth quarter 2025 results on Wednesday, May 14, 2025, after the market closes. A live webcast has been scheduled for Thursday, May 15, 2025, at 11:00 a.m., Eastern Time, for investors to participate.
As of December 31, 2024, Capital Southwest had approximately $1.7 billion in investments at fair value. The company is a middle market lending firm focused on supporting the acquisition and growth of middle market businesses with investments ranging from $5 million to $50 million across the capital structure, including first lien, second lien, and non-control equity co-investments. Today the company's shares have moved 2.0% to a price of $19.6. Check out the company's full 8-K submission here.
